PM 598 Controlling Procurements Discussions 1 Week 6 Keller
PM 598 Controlling Procurements Discussions 1 Week 6 Keller

PM 598 Controlling Procurements Discussions 1 Week 6 Keller

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PM 598 Controlling Procurements Discussions 1 Week 6 Keller
PM 598 Controlling Procurements Discussions 1 Week 6 All Students Posts 40 Pages Keller

 

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PM 598 Controlling Procurements Discussions 1 Week 6 Keller

PM 598 Controlling Procurements Discussions 1 Week 6 Keller

PM 598 Controlling Procurements Discussions 1 Week 6 All Students Posts 40 Pages Keller

We are nearing the end of our study of procurement. Here are a number of questions to see what you have learned about the overall process and about control procurements in particular.

  • Which type of contract requires the least contract administration during control procurement phase? Which type requires the most? Why?
  • Why is it commonly difficult to get work finished under a firm fixed-price contract?
  • Why is it sometimes difficult to get the seller to complete work under a cost plus contract?
  • What can be done to induce fixed-price contractors to become more responsive?
  • What other types of strategies can be employed to induce contractors to finish the work on time?
  • How does risk relate to getting the final work completed?

Can you name some different positive incentives that you have seen used effectively to conclude a project? How is a level of effort contract different?  The price paid seems to be the same in the end.  And if the government does not have the right to audit the books of the contractor, how are they to know what was the real level of effort? If they do not use a fixed price contract, what do they typically do? What about a contingency plan in case the supplier does not deliver?  What happens with that risk?…

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Which type of contract requires the least contract administration during control procurement phase?

PM 598 Controlling Procurements Discussions 1 Week 6 Keller